The Real Purpose Of Socialism Is Precisely To Advance Beyond The Predatory Phase Of Human Development - Albert Einstein

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[–]DoubleReverse 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (31 children)

By suppressing wages and pocketing the excess. By charging as much as they can for as little as possible. By running propaganda mills like the alt right to keep pro-corporate and anti-labor, anti-consumer conservatives in office.

[–]Druullus 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (30 children)

What is stopping you/anyone else from outcompeting those corporations?

[–]DoubleReverse 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (29 children)

Easier said than done, but that's beside the point. All workers need a living wage, not just successful entrepreneurs.

[–]Druullus 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (28 children)

The point is that people who own/run corporations make to much money? What is stopping you/anyone else from outcompeting those corporations, while hiring the workers?

What is a living wage?

[–]DoubleReverse 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (27 children)

The point is that they could afford not to underpay their employees, but they still do.

What is stopping you/anyone else from outcompeting those corporations, while hiring the workers?

I don't have the time, money, or risk capacity to start a business and even if I did I'd be outcompeted by giant corporations who have money, political influence, predatory business models, and a total lack of scruples. What's your point?

What is a living wage?

Enough to pay for your basic needs and still have enough left over for savings or discretionary.

[–]Druullus 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (26 children)

My point is why don't you/anyone else start/run corporations and pay the employees what you want?

Aren't there any people with time, money, risk capacity etc who want to outcompete the giant corporations who have money, political influence, predatory business models, and a total lack of scruples?

[–]DoubleReverse 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (25 children)

Yes, and they get outcompeted by people who are willing to screw over their employees and consumers to save money.

[–]Druullus 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (24 children)

The way I understand it, is that the people who are willing to screw over their employees and consumers to save money, use those savings on dividends/bonuses to themselves. So if the people with time, money, risk capacity etc who want to outcompete the giant corporations who have money etc, does not screw over their employees and consumers to save money, by not paying dividends/bonuses to themselves. They will afford to cut prices and not screw over their employees, and thereby outcompete the ones who do pay themselves dividends/bonuses?

[–]DoubleReverse 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (23 children)

Well that hasn't happened, has it? The corporations still exist and they still underpay their workers and take advantage of their consumers.

[–]Druullus 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (22 children)

So why don't the idealists do it?